BTCSOS

ETH Daily Report: November 3, 2026 — Key News and Updates

2026-11-03 04:57 · 4 sources

ETHBTCBNBSOLAVAXXRP

Over the past 24 hours, ETH-related news has centered on security incidents and hacker fund flows. Brazilian exchange Mercado Bitcoin was hacked for over $46 million; the platform has suspended deposits and withdrawals and said customers are not expected to suffer losses. The Pando Rings hacker used about 16.98 million DAI to buy 7,548 ETH, then transferred 4,000 of them to Tornado Cash. Data from Chainalysis and Elliptic shows that of the assets stolen from Binance, over $1 billion in ETH has seen limited transfers, about 44% has been frozen, and about $3.24 billion remains in associated addresses. An address linked to Kanye West withdrew 2,074 ETH from Binance; Binance said the zero-knowledge proof for the October 31 reserve snapshot has been generated, with asset backfilling progress at 95%. ZachXBT disclosed that an EU entity appears to have been robbed of over $106 million, with attackers moving funds through cross-chain transfers and privacy coins.

November 03, 2026 ETH News Roundup

Odaily News: Brazilian exchange Mercado Bitcoin said a security incident caused more than $46 million in cryptocurrency to be transferred out of its wallets on Monday. Hours after the company suspended deposits and withdrawals, funds were still being moved from addresses related to the incident, followed by thousands of small ETH transfers into the same address. Security firms said the attack was carried out through ordinary transfers rather than a smart contract exploit. As of 16:42 UTC, stablecoin issuers Tether and Circle had frozen about $6.2 million of the stolen funds; about 2000

Odaily News: Brazilian exchange Mercado Bitcoin said a security incident caused more than $46 million in cryptocurrency to be transferred out of its wallets on Monday. Hours after the company suspended deposits and withdrawals, funds were still being moved from addresses related to the incident, followed by thousands of small ETH transfers into the same address. Security firms said the attack was carried out through ordinary transfers rather than a smart contract exploit. As of 16:42 UTC, stablecoin issuers Tether and Circle had frozen about $6.2 million of the stolen funds; about 2000

TL;DR Brazil-based Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers affected wallets across at least 10 blockchain networks. Security researchers estimate that more tha

TL;DR Brazil-based Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers affected wallets across at least 10 blockchain networks. Security researchers estimate that more tha

Odaily News: Mercado Bitcoin said it will absorb the $40 million loss caused by this hack itself, and customers are not expected to suffer losses as a result. The exchange said the attack targeted hot wallets, was quickly brought under control, and that it is currently investigating the incident, tracking the assets, and coordinating with the relevant authorities. Separately, an entity associated with the Mercado Bitcoin hack currently holds about $46.5 million in crypto assets across 46 addresses, including about 3,677 ETH, about 106

Odaily News: According to a post by Onchain Lens, Mercado Bitcoin was hacked, and an attacker currently holds $46.5 million in crypto assets across 46 addresses, including 3,680 ETH, 106 BTC and $8 million in stablecoins. Mercado Bitcoin said customer funds and data were unaffected.

Chainalysis said on November 2 that of the funds stolen from Binance, more than $1 billion in ETH and about $1.42 billion in BTC have seen limited transfer activity since the incident, while the remaining funds have been moved rapidly through channels such as DeFi and cross-chain bridges. Chainalysis found that some funds repeatedly flowed back to previously used addresses across thousands of transactions, showing a circular pattern different from past North Korean hacker money-laundering activity and possibly involving automated operations, though there is no evidence yet that the attackers used AI. The firm believes the current fund flows are broadly

Chainalysis said on November 2 that of the funds stolen from Binance, more than $1 billion in ETH and about $1.42 billion in BTC have seen limited transfer activity since the incident, while the remaining funds have been moved rapidly through channels such as DeFi and cross-chain bridges. Chainalysis found that some funds repeatedly flowed back to previously used addresses across thousands of transactions, showing a circular pattern different from past North Korean hacker money-laundering activity and possibly involving automated operations, though there is no evidence yet that the attackers used AI. The firm believes the current fund flows are broadly

1. Elliptic: 44% of the $6.43 billion stolen from Binance has been frozen; attackers used CoinJoin mixing for the first time. According to a report updated by blockchain analytics firm Elliptic on November 2, the laundering of about $6.43 billion in assets stolen from Binance involved 11 blockchains, about 12,000 wallets and more than 40,000 transactions, showing highly automated characteristics. About $2.85 billion of the assets has been frozen or seized, accounting for 44% of the total stolen; another approximately $3.24 billion remains in [addresses] linked to the theft

1. Elliptic: 44% of the $6.43 billion stolen from Binance has been frozen; attackers used CoinJoin mixing for the first time. According to a report updated by blockchain analytics firm Elliptic on November 2, the laundering of about $6.43 billion in assets stolen from Binance involved 11 blockchains, about 12,000 wallets and more than 40,000 transactions, showing highly automated characteristics. About $2.85 billion of the assets has been frozen or seized, accounting for 44% of the total stolen; another approximately $3.24 billion remains in [addresses] linked to the theft

PANews, November 2: According to a Binance announcement, the zero-knowledge proof (ZK Proof) for its proof-of-reserves (PoR) snapshot taken at 00:00 (UTC) on October 31, 2026 has been generated. Users holding BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC can verify through Binance's PoR verification tool whether their balances are backed by reserves of at least 1:1. Binance said about 95% of the assets affected by this security incident have been backfilled, with the remaining roughly 5% being relatively [illiquid] tokens outside the top ten

Wu Blockchain has learned that, according to on-chain detective ZachXBT, an EU entity is suspected of suffering a security incident on November 1, with more than $106 million in assets in its accounts at multiple centralized exchanges possibly stolen. The attackers withdrew funds in the form of USDC and USDT, and over the past 24 hours have largely converted USDC into ETH, moving funds through instant exchange platforms such as WellWallet and Kyrrex, using Wagyu to convert assets into the privacy coin XMR, while also transferring across multiple blockchains

Odaily News: On-chain detective ZachXBT posted a community alert based on his own judgment that an EU entity is suspected of being attacked on November 1, with accounts at multiple centralized exchanges stolen, with losses exceeding $106 million. The attackers withdrew the stolen funds in the form of USDC and USDT. According to monitoring, over the past 24 hours the attackers have continued to convert USDC into ETH and transfer it to instant exchange platforms such as WellWallet and Kyrrex, then use Wagyu to convert the funds into Monero (XMR

Odaily News: Blockchain analytics firm Elliptic reported that as of 15:30 Beijing time on November 2, about $3.24 billion of the assets stolen from Binance remained in related addresses, mainly ETH and BTC; about $2.85 billion had been frozen or seized. Elliptic said the laundering activity involved about 12,000 wallets across 11 blockchains and more than 40,000 transactions in less than four days. As of 14:02 that day, about 28 BTC had been [moved] through 18 Coi[nJoin transactions]

Odaily News: Bitcoin fell back to around $77,900. After Binance resumed withdrawals in stages on Sunday, it processed a total of $4.65 billion in withdrawals and $1.01 billion in deposits, for a net outflow of $3.64 billion. Binance said it has now covered about 95% of the $6.3 billion in stolen funds. The U.S. Federal Bureau of Investigation (FBI) has formally attributed the theft to North Korea's TraderTraitor group. In addition, U.S. spot Bitcoin ETFs saw a net outflow of $643 million on Friday, the largest single-day net outflow since June

1. Analysis: Bitcoin's bottom in the past three cycles all appeared after U.S. midterm elections; the next window may be between late 2026 and early 2027; 2. Musk responds to Grok Bot quota being consumed too quickly: operating costs are too high relative to revenue; 3. Worth about $9.22 million, the Pando Rings hacker moved 4,000 ETH through Tornado; 4. An address linked to Kanye West withdrew 2,074 ETH from Binance; 5. A whale opened a ZEC long [position] worth $10.16 million

Run a grid on ETH / BTC / BNB Range-bound grid trading with automatic entry and exit rules. Open Browse the strategy market Templates, copy trading and community strategies. Open